Clipped from: https://www.business-standard.com/article/opinion/no-relief-yet-122070601369_1.html Govt must be prepared to face oil price risks A prolonged war and the possibility of a recession in a number of large
Category: Economy
RBI steps in to boost forex inflows, stem rupee weakness – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-announces-measures-to-enhance-forex-inflows/article65606893.ece It also eased norms for NRI deposits In the backdrop of global uncertainty and the continuing weakness of the rupee against the US
Commodities crash to multi-month lows as recession fears grip markets – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/markets/commodities/commodities-crash-to-multi-month-lows-as-recession-fears-grip-markets/article65608674.ece More fall likely as analysts draw parallel to 2008 plunge As fears of recession, global economic slowdown and a flare-up of Covid cases
Stock market guru and economist tell us all about inflation spike – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/a-fund-manager-an-economist-talk-inflation/articleshow/91601943.cms What will happen to family budgets, savings & investment choices, India Inc’s investment plans and job creation as prices soar and RBI tightens policy screws?
*******RBI unveils measures to curb rupee slump, boost forex inflows – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/rbi-unveils-measures-to-curb-rupee-slump-boost-forex-inflows/articleshow/92706992.cms NEW DELHI: The Reserve Bank of India (RBI) on Wednesday unveiled fresh measures to stabilise the rupee, which touched multiple record lows against
*****Surging imports and slowing exports will make current account deficit rise. Weaker currency will help ease pressure | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/surging-imports-slowing-exports-deficit-currency-8011041/ While the government has taken a spate of measures, which include increasing the import duty on gold, levying taxes and imposing restrictions on
Low growth + high inflation + govt doing RBI’s job = recipe for crisis – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/lets-keep-gst-good-simple/articleshow/91693650.cms Many of us would recollect pre-GST days where all products would either have a price excluding local taxes or have multiple prices applicable
Government of India must heave-ho, make exports flow – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/government-of-india-must-heave-ho-make-exports-flow/articleshow/92685325.cms Synopsis Immediate policy responses will react to a rapidly evolving external environment. But the government would do well to use this opportunity to
*****Strong dollar and its implication for India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-strong-dollar-and-its-implication-for-india/article65601882.ece Three macro-economic developments have propelled the Dollar Index upwards Why is the US dollar strengthening? The US Dollar Index, which measures the greenback’s
*****Inflation targeting | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/inflation-targeting-122070501369_1.html It should be followed and communicated properly Containing inflation and managing inflation expectations have perhaps become the biggest challenge for policymakers across the world. The inflation rate in the
*****Windfall tax: $12 margin hit for Reliance; Govt rakes in ₹1.3 lakh crore – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/windfall-tax-12-margin-hit-for-reliance-govt-rakes-in-13-lakh-crore/article65599205.ece The windfall tax on crude production could generate revenue of ₹65,600 crore and tax on export products another ₹52,700 crore if they were
*****Are India’s forex reserves adequate? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/are-indias-forex-reserves-adequate/article65600445.ece International Investment Position, which is a better metric than import cover, paints a less-than-rosy picture India has witnessed outflows of $29 billion in
*****Government committed to the fiscal deficit target of 6.4%, says official – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/government-committed-to-stick-to-64-per-cent-fiscal-deficit-says-official/article65599207.ece ‘No cap and deadline fixed for withdrawal of windfall gain tax’ The Government is committed to stick to the fiscal deficit target of
*Trade gap widens to record $25.6 bn; imports surge to $63.58 bn in June | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/june-merchandise-trade-gap-at-record-25-6-bn-experts-say-cad-could-double-122070401194_1.html India’s traditional high dependence on crude oil led to its imports soaring 94.2 per cent in June to $20.7 billion Among major import
*******The long-term hurdles to India’s export growth | Business Standard Column
lipped from: https://www.business-standard.com/article/opinion/the-long-term-hurdles-to-india-s-export-growth-122070401365_1.html No country has succeeded in becoming a merchandise export powerhouse unless its quality standards are uniformly high Can exports power India’s economic growth?
*Why has the govt eased norms for Indians to receive more money from relatives abroad, but hiked import duty on gold? | Explained News,The Indian Express
Clipped from: https://indianexpress.com/article/explained/explained-govt-eased-norms-indians-receive-money-relatives-abroad-hiked-import-duty-gold-8006940/ Both the steps, taken in a matter of two days, are aimed at curbing the outflow of funds and on the other hand
*Capex for revival | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/capex-for-revival-122070301025_1.html Govt has done well to increase expenditure The biggest challenge for Indian policymakers at the moment is to lead the economy to a
*Resilient amid risks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/as-the-rbi-points-out-the-crisis-in-npas-and-nbfcs-has-been-alleviated-but-fintech-poses-a-problem/article65595740.ece As the RBI points out, the crisis in NPAs and NBFCs has been alleviated but fintech poses a problem The key takeaway from
*Twin deficit problem: What does it mean and how does it affect an economy? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/finance/what-is-a-twin-deficit-problem-122062300077_1.html The finance ministry recently said that India is at low risk of stagflation. But it also cautioned about a twin deficit problem that
*The rupee’s ‘new lows’: Why it’s not necessarily a cause for concern | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rupee-s-new-lows-why-it-s-not-necessarily-a-cause-for-concern-122070101203_1.html The framers of a ‘strong currency’ policy ignore that almost every country with a successful long-term record of development has pursued a ‘weak
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